Hull coverage
Term · Insurance and risk management · MLC-T-INS-001754
Insurance that pays for physical damage to a vessel or aircraft itself, including its machinery and equipment, from named perils or on an all-risks basis. Marine forms typically add collision liability to other vessels under a running-down clause, while liability to passengers and cargo owners falls under protection and indemnity cover for ships or aviation liability policies for aircraft. Cargo carried aboard is insured under a separate policy.
| Identifier | MLC-T-INS-001754 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001754",
"term": "Hull coverage",
"field": "Insurance and risk management",
"definition": "Insurance that pays for physical damage to a vessel or aircraft itself, including its machinery and equipment, from named perils or on an all-risks basis. Marine forms typically add collision liability to other vessels under a running-down clause, while liability to passengers and cargo owners falls under protection and indemnity cover for ships or aviation liability policies for aircraft. Cargo carried aboard is insured under a separate policy.",
"url": "https://mlchart.com/terminology/insurance/hull-coverage/"
}
Record 1,667 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.